Softer penalties for businesses

The Russian government has prepared draft amendments to the Administrative Offences Code, which will soften the penalties for businesses.

First-time offenders will be issued warnings instead of fines. And if a fine is imposed, a company paying on time, will be allowed to pay half of the imposed amount. Another important innovation is the possibility to postpone and administrative penalty for up to six months.

Bellerage’s legal and tax team are ready to consult you in case of questions. Contact us:

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